The total deficit of defined benefit (DB) schemes improved marginally, latest Pension Protection Fund (PPF) data reveals.
The lifeboat fund said the 5,794 DB schemes in the PPF 7800 Index had an aggregate deficit of £232.3bn on a section 179 basis at the end of May, down from £245.6bn at the end of April. Over the month...
Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.
Existing methods of tracking fund performance are not suitable for environmental, social and governance (ESG) issues, First State Investments has said.
This week's top stories were a ransomware attack on TPR, and the new pensions minister being urged to tackle outstanding policy issues.
The hung parliament means planned measures to mitigate scams will be kicked down the road, the industry has told PP.